The US let Nvidia sell chips to an empty office in China
The US Commerce Department and Nvidia are approving H200 AI chip sales to Chinese firms linked to blacklisted entities. One approved company, New Matrix, appears to be a shell with empty offices and ties to a sanctioned private equity firm. This pattern of lax vetting follows the Trump administration's relaxation of Biden-era restrictions after Nvidia agreed to a revenue share.
Key signals
- 01Approved Chinese firms have ties to blacklisted entities.
- 02New Matrix appears to be a shell company.
- 03Trump eased restrictions after Nvidia revenue-sharing agreement.
The US let Nvidia sell chips to an empty office in China, published by The Verge.
Concerns are being raised that neither the Commerce Department nor Nvidia are doing their due diligence when it comes to vetting Chinese firms cleared to handle the company's H200 AI chips. According to The New York Times, New Matrix is on the list of approved firms, yet its…
The Verge
Read the full story at the source: theverge.com.
Curated automatically from The Verge. Infrenic News links to the original publisher and does not republish its content.
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